AT&T (NYSE:T) Stock Purchase Revealed by Rep. David Taylor

Representative David Taylor (Republican-Ohio) recently bought shares of AT&T Inc. (NYSE:T). In a filing disclosed on October 29th, the Representative disclosed that they had bought between $1,001 and $15,000 in AT&T stock on October 15th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.

Representative David Taylor also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Prologis (NYSE:PLD) on 10/15/2026.
• Sold $1,001 – $15,000 in shares of Visa (NYSE:V) on 10/15/2026.
• Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 10/15/2026.
• Sold $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 10/15/2026.
• Purchased $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 10/15/2026.
• Sold $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 10/12/2026.
• Purchased $1,001 – $15,000 in shares of Fifth Third Bancorp (NASDAQ:FITB) on 10/9/2026.
• Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 10/9/2026.
• Purchased $1,001 – $15,000 in shares of AT&T (NYSE:T) on 10/9/2026.
• Sold $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 9/22/2026.

AT&T Stock Up 2.5%

Shares of AT&T stock opened at $21.45 on Friday. The firm has a market cap of $144.50 billion, a PE ratio of 11.59, a P/E/G ratio of 1.06 and a beta of 0.25. The business’s 50 day simple moving average is $24.36 and its 200 day simple moving average is $24.96. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.82 and a current ratio of 0.87. AT&T Inc. has a 52-week low of $19.89 and a 52-week high of $29.43.

AT&T (NYSE:T) last posted its quarterly earnings data on Wednesday, October 21st. The technology company reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.05. AT&T had a net margin of 10.19% and a return on equity of 13.41%. The company had revenue of $32.32 billion during the quarter, compared to the consensus estimate of $31.69 billion. During the same period in the prior year, the business posted $0.54 EPS. The company’s quarterly revenue was up 5.2% on a year-over-year basis. On average, analysts predict that AT&T Inc. will post 2.39 earnings per share for the current fiscal year.

AT&T Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Monday, October 12th will be paid a $0.2775 dividend. The ex-dividend date of this dividend is Friday, October 9th. This represents a $1.11 annualized dividend and a dividend yield of 5.2%. AT&T’s dividend payout ratio (DPR) is currently 60.00%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on T. Sanford C. Bernstein lowered shares of AT&T from an “outperform” rating to a “market perform” rating and set a $24.00 target price on the stock. in a research report on Tuesday, October 13th. Wolfe Research raised shares of AT&T from a “peer perform” rating to an “outperform” rating and set a $29.00 price objective for the company in a research note on Thursday, July 23rd. KeyCorp lowered their price target on shares of AT&T from $36.00 to $33.00 and set an “overweight” rating for the company in a report on Thursday, October 22nd. Weiss Ratings upgraded AT&T from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, August 3rd. Finally, The Goldman Sachs Group set a $27.00 price objective on AT&T in a report on Wednesday, October 21st. Twelve equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $28.55.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. IFM Investors Pty Ltd lifted its position in AT&T by 5.3% in the 1st quarter. IFM Investors Pty Ltd now owns 1,488,172 shares of the technology company’s stock worth $43,142,000 after buying an additional 74,684 shares during the last quarter. Parr Mcknight Wealth Management Group LLC purchased a new stake in AT&T in the first quarter worth approximately $2,901,000. Sound Income Strategies LLC boosted its stake in AT&T by 19.8% in the third quarter. Sound Income Strategies LLC now owns 754,818 shares of the technology company’s stock worth $18,772,000 after buying an additional 124,997 shares in the last quarter. Orographic Financial Advisors LLC bought a new position in AT&T during the first quarter valued at approximately $3,449,000. Finally, B.A. Schrock Wealth Management Inc. bought a new position in AT&T during the third quarter valued at approximately $1,583,000. Institutional investors own 57.10% of the company’s stock.

More AT&T News

Here are the key news stories impacting AT&T this week:

• Positive Sentiment: Fresh estimates indicate that building a nationwide wireless network would be expensive for SpaceX, reducing the near-term threat to established carriers such as AT&T. T-Mobile’s decision not to pursue an MVNO arrangement with SpaceX also suggests incumbents are not immediately embracing the proposed rival. T-Mobile, SpaceX and wireless competition article
• Positive Sentiment: Televisa expects AT&T’s planned purchase to strengthen its competitive position. A stronger strategic footprint could support AT&T’s long-term growth and operating leverage, although the transaction is expected to increase debt. Televisa expects AT&T purchase to strengthen position
• Neutral Sentiment: Wireless pioneer Ray Dolan suggested mobile internet could eventually become free if carriers monetize data collected from cell-tower sensing. The idea highlights a possible future revenue stream for AT&T, but it is speculative and unlikely to affect near-term earnings. Wireless carriers and free mobile internet article
• Negative Sentiment: AT&T’s dividend payments reportedly fell 46% while the company directed billions toward share repurchases. Buybacks can support per-share earnings and signal management confidence, but the reduced dividend is a drawback for income-focused investors and raises questions about whether capital returns are being shifted away from cash payouts. AT&T dividend payments and stock buybacks article

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

About AT&T

AT&T Inc (NYSE: T) is a telecommunications company that provides wireless communications, broadband, and related connectivity services. Its offerings include mobile voice and data plans, internet access, fiber broadband, fixed wireless services, and business communications solutions.

The company serves consumers, businesses, government agencies, and other organizations primarily in the United States. AT&T’s business operations include wireless network services, wireline connectivity, fiber-optic internet, voice services, and networking solutions designed to connect locations, devices, and applications.

AT&T traces its history to the Bell System and has operated under its current corporate name since 2005, following the acquisition of AT&T Corp.